BasEx | JPMorgan Head's Bitcoin Stance: A Definitive Shift
JPMorgan Chief Vows to Never Discuss Bitcoin Again
24.01.2023
JPMorgan Chief Vows to Never Discuss Bitcoin Again

JPMorgan CEO Jamie Dimon once again expressed his dissatisfaction with digital assets, calling Bitcoin worthless.

Dimon stated that he doesn't want to restrict others' right to use Bitcoin, but personally advised against investing in this cryptocurrency.

In his view, Bitcoin is mainly used for money laundering, fraud, human trafficking, and tax evasion, although he supports the tokenization of real assets.

When asked about the involvement of major financial companies like Fidelity and BlackRock in Bitcoin trading, Dimon said he is indifferent to it, despite BlackRock including JPMorgan as one of the "authorized participants" in its iShares Bitcoin ETF (IBIT).

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